The trial balance lists the balances for all general ledger accounts. If all activities have been properly

Question:

The trial balance lists the balances for all general ledger accounts. If all activities have been properly recorded, the total of all debit balances in various accounts should equal the total of all credit balances. If they don’t, a posting error has occurred. How can one detect such an error?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Information Systems

ISBN: 9781292220086

14th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

Question Posted: